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Factor Intensity Factor Abundance & Shape of Frontier Curve Quizzes Online MCQs PDF Download 98

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Factor Intensity Factor Abundance & Shape of Frontier Curve Questions and Answers PDF Download 98

Factor Intensity, Factor Abundance, & Shape of Frontier Curve Quiz

MCQ: The concept that deals with the movement of factors between firms within an industry, or movement across industries within a country is known as

  1. economics mobility
  2. factor mobility
  3. transfer of capital
  4. transfer of payments

B

Growth of Factors of Production Quiz

MCQ: If wealth effect is smaller than the terms of trade effect, than the nation welfare will

  1. decreases
  2. constant
  3. vary
  4. increases

A

Demand Curve Quiz

MCQ: The relationship between quantity demanded of a product and its price is

  1. negatively related
  2. slightly related
  3. positively related
  4. zero relationship

A

Functions of Foreign Exchange Market Quiz

MCQ: The risk that arises while converting one country's currency into another is known as

  1. foreign exchange risk
  2. interest risk
  3. inflation risk
  4. risk-free

A

Income Determination in Closed Economy Quiz

MCQ: The type of investment a company plans to spend in the coming year on inventory and capital goods is known as

  1. direct investment
  2. foreign investment
  3. planned investment
  4. inventory investment

C